SECI Invites Bids for 2 GWh Standalone Energy Storage Systems

The last date for the submission of bids is August 5, 2024


The Solar Energy Corporation of India (SECI) has invited bids to set up 1,000 MW/2,000 MWh standalone battery energy storage systems in India under tariff-based global competitive bidding.

The last date for the submission of bids is August 5, 2024. Bids will be opened on August 8.

Bidders must submit a non-refundable document fee of ₹50,000 (~$598.9) and a bid processing fee of ₹20,000 (~$)/MW for the quoted capacity subject to a maximum amount of ₹2 million (~$23,958.7) + GST.

Bidders must also furnish an earnest money deposit of ₹341,000 (~$4,084.9)/MWh per project.

Successful bidders must furnish a performance bank guarantee of ₹852,500 (~$10,212)/MWh for each project corresponding to the contracted capacity.

The successful bidder must establish a Battery Energy Storage System (BESS) to make the energy storage facility accessible to the buying entities for charging and discharging the BESS as needed.

Bidders and their affiliates must submit a single bid with a minimum cumulative project capacity of 50 MW/100 MWh and a maximum cumulative capacity of 1,000 MW/2,000 MWh.

The tender aims to support only commercially established and operational technologies to reduce technology risk and ensure timely project commissioning.

Bidders must have a minimum net worth of ₹3.41 million (~$40,848)/per MWh of the quoted capacity as of the last date of the financial years 2023-24 and 2022-23) or at least seven days before the bid submission deadline.

Recently, SECI invited bids to commission a 25 MW solar power project with a 20 MW/50 MWh battery energy storage system in the Union Territory of Ladakh.


Earlier this month, NTPC invited bids to develop a standalone BESS of 250 MW/500 MWh at its thermal power stations in Gadarwara and Solapur in Madhya Pradesh.

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